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Japan tag returned 462 results

  • Japan: GIAJ members see less compulsory automobile liability insurance business in year to March 2021

    The combined net profits posted by members of the General Insurance Association of Japan (GIAJ) for the financial year ended 31 March 2021 (FY2020) decreased by 4.4% year-on-year to JPY437.6bn in FY2020 due to an increase in special losses. Net profits consist of ordinary profits including special profits or losses minus corporate income taxes, corporate resident taxes, etc.

    Asia | 21 Jan 2022
  • Japan: Life insurance association outlines its plans for 2022

    The Life Insurance Association of Japan (LIAJ) will focus on three initiatives this year to meet the expectations of customers, says Mr Yukinori Takada, the association's chairman in his New Year message.

    Asia | 18 Jan 2022
  • New Year's message from LIAJ chairperson

    As the year 2022 starts in earnest, I wish everyone a very happy New Year.

    AIRPlus | 10 Jan 2022
  • Japan: Nippon Life urges investee companies to go 'net zero'

    Insurance giant Nippon Life Insurance will urge foreign companies it invests in to cut carbon dioxide emissions to net zero by 2050, expanding its existing request for domestic firms to do so, the insurer's President Hiroshi Shimizu said.

    Asia | 10 Jan 2022
  • Japan: Insurance sector's underwriting fundamentals expected to be stable

    Japanese life and non-life insurers' underwriting fundamentals are likely to be stable overall despite the ongoing economic stress from the COVID-19 pandemic, says Fitch Ratings. The agency has a neutral outlook on the sector.

    Asia | 02 Dec 2021
  • Singapore: Lloyd's broker becomes a Mitsui subsidiary

    Tokyo-headquartered Mitsui & Co has decided to increase its stake in Pana Harrison (Asia) [PHA], a licensed and regulated insurance and reinsurance broking company in Singapore.

    Asia | 29 Nov 2021
  • FALIA celebrates 50th anniversary

    The Foundation for the Advancement of Life & Insurance Around the world (FALIA), which conducts training programmes, essay competition, and other activities for the development of the life insurance industry in Asia and other countries, celebrated its 50th anniversary in 2020. Although it was postponed for one year due to the COVID-19 pandemic, to mark the occasion, a ceremony to commemorate the anniversary was held online on 9 November this year.

    AIRPlus | 26 Nov 2021
  • Japan: Sumitomo Life expected to maintain high mortality and morbidity margins

    Sumitomo Life Insurance, among the top five life insurers in Japan, is expected to maintain substantial mortality and morbidity margins, underpinned by the company's strategic focus on the higher-margin medical and nursery care, known as "third sector", products and its substantial in-force business, says Fitch Ratings.

    Asia | 26 Nov 2021
  • New flood hazard data solution for Japan launched

    ICEYE, a provider of flood hazard data has collaborated with Aon, to provide insurers with flood hazard data following severe flooding events in Japan. The data enables insurers to reduce volatility and better understand the post-event impact on their portfolios and reduce the cost of extreme weather events.

    AIRPlus | 24 Nov 2021
  • Japan: Toa Re's operating performance expected to recover from fiscal 2021--S&P

    Toa Re's strong foothold in the reinsurance market in Japan, good diversification along geographic and business lines, and excellent capital position support its overall credit profile, says S&P Global Ratings (S&P).

    Asia | 23 Nov 2021

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